Promoting The Application of Artificial Intelligence (AI) in Public Finance Management in Vietnam

Abstract

Artificial intelligence (AI) has emerged as a key instrument to assist nations in modernizing public administration, particularly in the area of public finance management, in the context of the global digital revolution. AI can help identify financial fraud, streamline the public auditing process, and increase the effectiveness of budget revenue and expenditure. With a focus on examining the function and present state of AI application in Vietnamese public financial management, this paper demonstrates that there are still numerous obstacles to overcome in terms of data infrastructure, human resources, and institutions. Therefore, in order to establish the conditions necessary for AI to play an efficient and long-lasting role in Vietnam's public finance, the article has suggested ways to encourage its implementation in public finance management in that country today.